D.A. Davidson & CO. Sells 1,258 Shares of Unilever PLC (NYSE:UL)

D.A. Davidson & CO. trimmed its holdings in shares of Unilever PLC (NYSE:UL) by 5.9% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 20,031 shares of the company’s stock after selling 1,258 shares during the period. D.A. Davidson & CO.’s holdings in Unilever were worth $1,301,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Mayflower Financial Advisors LLC boosted its stake in Unilever by 4.1% during the second quarter. Mayflower Financial Advisors LLC now owns 4,193 shares of the company’s stock worth $231,000 after acquiring an additional 167 shares in the last quarter. O Brien Greene & Co. Inc boosted its position in shares of Unilever by 2.7% during the 2nd quarter. O Brien Greene & Co. Inc now owns 6,653 shares of the company’s stock worth $366,000 after purchasing an additional 174 shares in the last quarter. Crewe Advisors LLC grew its stake in shares of Unilever by 17.3% in the 2nd quarter. Crewe Advisors LLC now owns 1,186 shares of the company’s stock valued at $65,000 after buying an additional 175 shares during the period. Bailard Inc. increased its position in Unilever by 1.2% in the 2nd quarter. Bailard Inc. now owns 15,014 shares of the company’s stock valued at $826,000 after buying an additional 179 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV raised its stake in Unilever by 7.0% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 2,781 shares of the company’s stock worth $181,000 after buying an additional 181 shares during the period. Institutional investors and hedge funds own 9.67% of the company’s stock.

Unilever Price Performance

UL opened at $59.84 on Friday. Unilever PLC has a fifty-two week low of $46.46 and a fifty-two week high of $65.87. The company’s 50-day moving average is $61.34 and its 200 day moving average is $59.81. The firm has a market capitalization of $148.44 billion, a P/E ratio of 17.97, a PEG ratio of 1.81 and a beta of 0.49.

Unilever Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 8th will be paid a $0.4755 dividend. This represents a $1.90 dividend on an annualized basis and a dividend yield of 3.18%. The ex-dividend date of this dividend is Friday, November 8th. This is an increase from Unilever’s previous quarterly dividend of $0.35. Unilever’s payout ratio is presently 56.46%.

Analyst Upgrades and Downgrades

Several research firms have recently commented on UL. StockNews.com downgraded Unilever from a “buy” rating to a “hold” rating in a report on Tuesday, November 12th. Erste Group Bank restated a “hold” rating on shares of Unilever in a report on Tuesday, November 19th. Finally, Bank of America upgraded shares of Unilever from an “underperform” rating to a “buy” rating and lifted their price objective for the company from $47.00 to $72.00 in a report on Thursday, August 22nd. Three investment analysts have rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $61.75.

Unilever Company Profile

Unilever PLC operates as a fast-moving consumer goods company in the Asia Pacific, Africa, the Americas, and Europe. It operates through five segments: Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream. The Beauty & Wellbeing segment engages in the sale of hair care products, such as shampoo, conditioner, and styling; skin care products including face, hand, and body moisturizer; and prestige beauty and health & wellbeing products consist of the vitamins, minerals, and supplements.